News Post
Thehindubusinessline
| 2mCCI Approves Adani Power’s Acquisition of Lanco Amarkantak Power
The Competition Commission of India (CCI) has approved Adani Power's acquisition of 100% equity share capital of Lanco Amarkantak Power Ltd. This comes under the Corporate Insolvency Resolution Process (CIRP) of the Insolvency and Bankruptcy Code (IBC). CCI had previously approved the acquisition of Lanco Amarkantak Power by PFC Projects, REC, SJVN, and Damodar Valley Corporation. In addition, CCI has also approved the subscription to CCPS B of API Holdings by MEMG LLP and 360 ONE.
No Comments yet
More Like this
![Funding and acquisitions in Indian startups this week [15-20 Apr]](https://entrackr.com/storage/2024/04/Image-20-apr.jpg)
![Funding and acquisitions in Indian startups this week [14-19 Aug]](https://entrackr.com/storage/2023/08/Funding-image-19-aug.jpg)
Download the medial app to read full posts, comements and news.